Entrepreneurial Planning — Entrepreneurship STD 12 Commerce — Question

'Personal-selling plays a very important role in Sales Promotion.' State any six points of such role of Personal-Selling in Sales Promotion.

What is the purpose to scan the environment?

What are current assets and current liabilities? Explain by giving examples.

What do you understand by venture capital?

State the steps of the action plan of a Production Manager under the head 'Production Planning and Scheduling'.

Give any five privileges enjoyed by a private company.

Explain the role of financial planning' in financial management.

Apart from synergy, explain any four reasons, why companies opt for mergers and acquisitions?

Dairy foods ltd. has been well known for it's products throughout India. They started manufacturing Biscuits and chocolates in the year 1995 and slowly built their brand. The company occupied the top position in terms of sales and it increased it's product range also. By 2010 they were the undisputed leader in the field of confectionaries. Their annual general meeting was held wherein the Board of directors felt that the company should also be socially responsible in doing their business. They decided to use new technologically advanced recycled paper for all their products which would retain the freshness of their products as well as contribute towards the saving of our planet.
By doing this the company has modified their goods in a particular way to create a new product of greater value to the customers. Identify the concept mentioned above and explain it from financial and marketing point of view.

Ms. Rosy is a readymade garments manufacturer. Her Annual Usage rate is 225Pcs. The cost of placing each order is ₹ 8/- and the carrying cost is ₹ 4 per unit. Calculate the Economic Order Quantity (EOQ). How does calculating EOQ facilitate budgeting?